Tag Archives: insurance

Financial Daily Dose 9.1.2020 | Top Story: Walmart to Roll Out Shipping Membership to Challenge Amazon’s Prime Dominance

BY: Michael D. Reif | September 1, 2020

Walmart is again preparing to roll out its answer to Amazon Prime: Walmart+, a sub-$100/year membership service that features gas discounts and some free shipping (at qualifying thresholds) – NYTimes and WSJ and Bloomberg Even with the Dow and S&P 500 slipping a bit on Monday, the three major U.S. indices wrapped August with 7+% … Continue reading

Financial Daily Dose 7.8.2020 | Top Story: Deutsche Bank to Pay $150 Million Over Epstein-Related Failures

BY: Michael D. Reif | July 8, 2020

German lender Deutsche Bank has reached a $150 million settlement with NY’s Department of Financial Services over its yearslong failure to “detect or prevent millions of dollars of suspicious transactions” from flowing through the account of the infamous Jeffrey Epstein – NYTimes and WSJ and MarketWatch and Law360 Big news in the solar energy world … Continue reading

Financial Daily Dose 11.21.2019 | Top Story: UAW President Resigns After GM Accuses Fiat Chrysler of Bribery

BY: Michael D. Reif | November 21, 2019

More than a bit of drama in the auto world yesterday, with General Motors suing rival Fiat Chrysler, accusing it of “bribing United Auto Workers officials to gain competitive advantages in contract negotiations.”  The UAW’s president resigned within hours of GM’s filing – NYTimes and WSJ and Bloomberg and MarketWatch and Law360 The latest from … Continue reading